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20100928
20100928
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have to give us adequate time to get to the floor so we can respond to the bills and i am recognized and am making a statement because i'm really upset. this is the way the majority has been running the congress, mr. speaker. . you wonder why the american people are upset with majority is because of this. if you don't give adequate notice to the ranking member to be to the floor on bills, people are going to know. you know they are going to know? because i'm going to tell the story. rules matter around this place. now, let me go back to the first bill. the only reason i want to mention this is because i want to thank, you just passed it, we are going to do it by voice, let me tell you what's upsetting. it's the parliamentarian. from the time you drop that bill and the parliamentarian makes sure it gets to the jurisdictions. some might get amended and some other committee thinks they want a view on it. what happens is the majority not giving a doggone about the minority puts bills on this floor no matter what they do so long it's in comfort with someone else. they don't care about the
at the time of economic and fiscal arrested, and second is this the best use of limited dollars given the pressing needs to take cover ou care of our people. i share the secretary's objectives are reducing duplication overhead and access in the defense enterprise and instilling a culture of savings and restraint across the department of defense. on august 9, the sector followed up by announcing a series of specific cost-cutting measures, including a reduction in funding and for service support contracts by 10% per year for three years, a freeze on the number of o.s.d. defense agencies, a freeze on the general officers, a review and reduction of the number of reports, studies, and advisory boards, new limits on positions and contractors for intelligence functions. i agree with the secretary on the rapidly-expanding service contractors who supports the department. too often in the past we have constrained and number of department of defense employees without raisplacing a limit on service contractors. and rather than saving money, we have lost badly needed talent, expertise, and institu
. mr. neal: madam speaker, more than 100 years ago the first u.s. mutual fund was started in boston. mutual funds have been a way of life for every man to invest in the market. with the benefits of pooling and diversification. it invites the term mutualization. today more than 50 million households invest through mutual funds with a median household income of $80,000. more than 50% of 401-k assets were invested in mutual funds at the end of 2009. h.r. 4337 was introduced last year by mr. rangel and i to modernize the tax laws regarding to regulate investment companies, better known as mutual funds. a technical explanation and revenue table for this bill may be found on the joint tax website, www.jtc.gov. the tax rules that relate to mutual funds date back to more than half a century. although those rules have been updated from time to time, it's been over 20 years since they were last revisited. the bill before us today would make several changes to the tax code to address outdated provisions such as rules that relates to preferential dividends and rules to mutual funds to send noti
Search Results 0 to 2 of about 3